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Vietnam’s VinFast doubles India investment to Rs 9,000 crore, announces second plant in TN for electrics 2 wheelers and buses

NEW DELHI: Vietnamese auto company VinFast is doubling its India investments to Rs 9,000 crore ($1 billion) as the company — which...

‘Been in works for long time’: Prada seals $1.51 billion Versace deal; Lorenzo Bertelli takes over as executive chairman

CNN reported that the acquisition follows an agreement reached in April, under which Prada committed to purchasing Versace for about $1.51 billion,...

NPCI says programmable CBDC already live

BENGALURU: At India Blockchain Week in Bengaluru on Monday, Rahul Sanskrityayan, Specialist Consultant for Blockchain at NPCI, said the Reserve Bank of...

Fireside Ventures closes Rs 2,265 crore Fund IV, sharpens consumer bets

(Image credits: X @firesideventure) BENGALURU: Consumer focused venture capital firm Fireside Ventures has closed its fourth fund with commitments of Rs 2,265 crore...

Ultraviolette raises $45 million from Zoho, Lingotto

BENGALURU: Bengaluru-based electric motorcycle maker Ultraviolette has raised $45 million in fresh growth capital from Zoho Corporation and European investment firm Lingotto...

Rupee slide: RBI lets currency weaken amid outflows; focus shifts to curbing speculation

India’s central bank will allow the rupee to weaken as the country’s external position comes under strain from slowing dollar inflows, widening...

US sanctions: Washington eases curbs on Lukoil outlets outside Russia; exemption valid till April 2026

A dispatch rider passes in front empty building of the Lukoil headquarter in Sofia, Bulgaria (Picture credit: AP) The United States has temporarily...

End to IndiGo chaos soon? DGCA likely to grant partial waiver on new pilot rest rules; airline to submit mitigation plan as cancellations mount

Passengers wait in queues at IndiGo airline's counter at Kempegowda International Airport, in Bengaluru (Picture credit: PTI) India’s aviation regulator, the Directorate General...

US market today: Wall Street edges higher near records; traders weigh corporate earnings and rate-cut expectations

File photo (Picture credit: AP) US stocks were largely steady on Thursday, holding close to record levels as investors assessed a mixed set...

SGB returns: RBI confirms final payout for 2017 gold bond series; long-term holders gain over 340%

A Sovereign Gold Bond (SGB) bought eight years ago has turned a Rs 1 lakh investment into more than Rs 4.4 lakh,...

Putin’s India visit: Trade in focus as New Delhi looks to reduce deficit; exports of pharma, agriculture likely to get a push

File photo: PM Modi with Russian President Vladimir Putin (Picture credit: ANI) Russian President Vladimir Putin’s visit to India is likely to deliver...

Gold price today: Yellow metal slips; check 24K, 22K city-wise rates in Delhi, Mumbai, Kolkata and more

Gold prices slipped while silver futures gained on Thursday amid mixed global trends and weak US economic data, prompting cautious sentiment among...

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